NOT LISTED FOR SALE

5656 Speedway Dr Indianapolis, IN 46224

Estimated Value: $254,000 - $265,000

3 Beds
1.5 Baths
1,766 Sq Ft
$148/Sq Ft Est. Value

Last Sold March 16, 2023

Last sale price $229,900 $130 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,544/month

101 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • 2 Car Detached Garage
  • Speedway Junior High School Rated A
  • No HOA
  • Breakfast Bar

About This Home

As of March 2023

Beautiful 3 bed 1.5 bath home in the heart of Speedway. Location is paramount and this house is situated just steps from the track and a short distance from all that downtown Speedway has to offer! The moment you step inside you will feel at home. The large living room boasts the original hardwood floors. Follow through the spacious kitchen that is open to the family room separated by a convenient dining bar. The basement is partially finished offering a large bonus room. Large master boasts access to a private screened porch off of the back of the home. A fenced in yard is great for relaxing and entertaining. There is no shortage of storage space in the large garage. Enjoy easy access to wonderful walking trail system.

Last Agent to Sell the Property

Daniel Moran

Moran Real Estate Group Brokerage Email: dan@jeffpaxson.com License #RB14043449 Listed on: 11/04/2022

Last Buyer's Agent

Rodney Heard

eXp Realty LLC

eXp Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,558

Year Built

  • Built in 1947

Lot Details

  • 6,490 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • Combination Kitchen and Dining Room
  • Partial Basement
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Schloss Home Place Subdivision

Listing and Financial Details

  • Tax Lot 619
  • Assessor Parcel Number 490536120063000914

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,558

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch, TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1947
  • Building Area Total: 2560
  • Garage Y N: Yes
  • Lot Size Acres: 0.149
  • Subdivision Name: Schloss Home Place
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • MBR_AttributionContact: dan@jeffpaxson.com
  • Attribution Contact: dan@jeffpaxson.com
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Basement Type: Partial
  • Appliances: Dryer, Disposal, Electric Oven, Refrigerator, Washer, Gas Water Heater
  • Levels: One
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 486
  • Interior Amenities: Hardwood Floors, Breakfast Bar
  • Living Area: 1766
  • Other Equipment: Smoke Alarm
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1280
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Aluminum Siding
  • Foundation Details: Block

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Heating: Forced Air, Natural Gas
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 6490
  • Parcel Number: 490536120063000914
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1558
  • Tax Lot: 619
  • Semi Annual Property Tax Amt: 779
  • Tax Exemption: Homestead Tax Exemption,Other Tax Exemption/See Remarks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2022
Closed on
Mar 16, 2023
Sold by
Woodson Deborra L
Bought by
Mills Dustin M
Seller's Agent
Daniel Moran
Moran Real Estate Group
Buyer's Agent
Rodney Heard
eXp Realty LLC
List Price
$239,900
Sold Price
$229,900
Premium/Discount to List
-$10,000
-4.17%
Views
110
Current Estimated Value
$261,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,847
Avg. Annual Appreciation
5.08%
Original Mortgage
$225,735
Outstanding Balance
$218,597
Interest Rate
6.09%
Mortgage Type
FHA
Estimated Equity
$43,150

Purchase Details

Listed on
Nov 4, 2022
Closed on
Mar 14, 2023
Sold by
Woodson Deborra L
Bought by
Mills Dustin M
Seller's Agent
Daniel Moran
Moran Real Estate Group
Buyer's Agent
Rodney Heard
eXp Realty LLC
List Price
$239,900
Sold Price
$229,900
Premium/Discount to List
-$10,000
-4.17%
Views
110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,735
Outstanding Balance
$218,597
Interest Rate
6.09%
Mortgage Type
FHA
Estimated Equity
$43,150
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mills Dustin M -- Security Title
Mills Dustin M $229,900 Security Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mills Dustin M $225,735
Closed Mills Dustin M $225,735
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2023 03/16/23 Sold $229,900 0.0% $130 / Sq Ft
02/14/2023 02/14/23 Pending -- -- --
02/08/2023 02/08/23 Price Changed $229,900 -4.2% $130 / Sq Ft
02/06/2023 02/06/23 For Sale $239,900 0.0% $136 / Sq Ft
01/25/2023 01/25/23 Pending -- -- --
12/13/2022 12/13/22 Price Changed $239,900 -2.0% $136 / Sq Ft
11/17/2022 11/17/22 Price Changed $244,900 -2.0% $139 / Sq Ft
11/04/2022 11/04/22 For Sale $249,900 -- $142 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,090 $220,900 $11,700 $209,200
2023 $2,090 $191,600 $11,700 $179,900
2022 $2,238 $184,400 $11,700 $172,700
2021 $1,558 $143,800 $11,700 $132,100
2020 $1,391 $134,400 $11,700 $122,700
2019 $1,065 $121,800 $11,700 $110,100
2018 $1,066 $120,500 $11,700 $108,800
2017 $1,044 $121,700 $11,700 $110,000
2016 $939 $114,900 $11,700 $103,200
2014 $1,162 $108,100 $11,700 $96,400
2013 $1,083 $103,400 $11,700 $91,700
Source: Public Records

Agents Affiliated with this Home

  • Daniel Moran

    Seller's Agent in 2023

    Daniel Moran

    Moran Real Estate Group

    (317) 340-8780

    3 in this area

    193 Total Sales

    Daniel Moran
    Section Image

  • R

    Buyer's Agent in 2023

    Rodney Heard

    eXp Realty LLC

    Section Image

  • N

    Buyer Co-Listing Agent in 2023

    Nathaniel VanPelt

    eXp Realty LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21891914

MIBOR Broker Listing Cooperative®

APN: 49-05-36-120-063.000-914

Indiana Marion County Indianapolis 46224

5656 Speedway Dr, Indianapolis, IN

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